HR Pulse

The Revised Scorecard for Qualifying Small Enterprises (QSE’s) was gazette for public comment on Friday 10 October 2014 in terms of Government Gazette 39076, Notice Number 876,as a follow up to the Revised Generic Codes of Good Practice published in October 2013.

This represents a complete step change and paradigm shift in B-BBEE compliance requirements for QSE (entities with a turnover between R10 million and R50 million per annum).

These changes amongst others include:

• Complying with all the pillars of the new QSE scorecard including Ownership as a priority pillar
• The automatic discounting of an entity’s level rating where the sub-minimum for Priority Pillars of the scorecard has not been met;
• Increased target spend for training black people for procurement spend with black-owned suppliers;
• The obligation to develop black-owned suppliers

Join us as we unpack the changes in the Revised Codes, as they pertain to QSE’s.

The following topics will be discussed:

• High level Strategic implications of the changes for South Africa & QSE’s generally
• A comparative analysis and pillar by pillar approach, to review the differences of the proposed changes
• Understanding the calculation methodologies
• What are the likely process implications for the company
• Alignment with Charters
• Interpretative issues you are likely to face
• What do the changes mean for your business from a strategic perspective
• Verification preparation Implications

All delegates receive:

1. A manual setting out the provisions of the Revised Codes of Good Practice pertaining to QSE’s in a consolidated, concise and easy to read manner;

2. A consulting discount, with Transcend, to give us the opportunity to map these changes against your current data, giving you a clear understanding of the impact to your QSE scorecard. The normal cost for this “gap analysis” exercise would be R9500, but for delegates the cost will be R4500 ex VAT.